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Neste Oyj (0O46.IL)

IOB - IOB Delayed price. Currency in EUR
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26.70-0.84 (-3.05%)
At close: 04:24PM BST

Neste Oyj

Keilaranta 21
PO Box 95
Espoo 00095
Finland
358 10 45811
https://www.neste.com

Sector(s)Energy
IndustryOil & Gas Refining & Marketing
Full-time employees6,396

Key executives

NameTitlePayExercisedYear born
Mr. Matti Lehmus eMBA, M.Sc. (Eng.)Pres & CEO731.44kN/A1974
Dr. Martti Ala-HarkonenExec. VP, CFO, Strategy & ITN/AN/A1965
Ms. Hannele Jakosuo-Jansson M.Sc. (Eng.)Exec. VP of HR, HSSEQ & ProcurementN/AN/A1966
Mr. Lars Peter Lindfors MBA, Ph.D.(Tech.)Exec. VP of InnovationN/AN/A1964
Mr. Tommi TuovilaChief Information OfficerN/AN/AN/A
Anssi TammilehtoVP of Investor RelationsN/AN/AN/A
Mr. Christian Ståhlberg LL.M., M.Sc. (Laws)Gen. CounselN/AN/A1974
Susanna SieppiVP of CommunicationsN/AN/AN/A
Mr. Panu Kopra BBA, MBAExec. VP of Marketing & ServicesN/AN/A1972
Mr. Patrick von EssenManaging Director of Engineering SolutionsN/AN/A1965
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, renewable jet fuels and solutions, and renewable solvents, as well as raw material for bioplastics based on its technology to wholesale markets. The Oil Products segment produces, markets, and sells diesel fuel, gasoline, aviation and marine fuels, light and heavy fuel oils, and gasoline components, as well as special fuels, such as small-engine gasoline, solvents, liquid gases, and bitumen. This segment serves retailers and distributors, oil majors and trading companies, petrochemicals companies, and companies marketing lubricants and solvents. The Marketing & Services segment markets and sells cleaner fuels and oil products, and associated services to private motorists, industry, transport companies, farmers, and heating oil customers through a network of service stations, as well as direct sales. The Others segment offers engineering solutions. The company was formerly known as Neste Oil Oyj and changed its name to Neste Oyj in June 2015. Neste Oyj was founded in 1948 and is headquartered in Espoo, Finland.

Corporate governance

Neste Oyj’s ISS governance QualityScore as of 1 October 2023 is 1. The pillar scores are Audit: 4; Board: 2; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.